Hello JonnyT
Time is definitely another factor but maybe we're talking at cross purposes. My post was trying to introduce a method which gave a realistic estimate of the probability of a trade succeeding.
Your calculation seemed to imply, especially to someone without experience, that the...
Hello everybody, particularly Paul and Jonny T
I think your Risk/Reward calculation is a bit misleading. The obvious inference is that you can improve the ratio by either reducing your stop loss or increasing your target price. Either of these could result in disaster. A better way of looking...